Martha Coakley Solicits $9.7 Million Fine for NSTAR

Martha Coakley Solicits $9.7 Million Fine for NSTAR, But Not for the Blackout. The Massachusetts Attorney General’s office found that NSTAR did not prepare, respond, or communicate properly during Tropical Storm Irene and the October 2011 snowstorm, and is now seeking a multimillion dollar fine against the utility. [WBUR]

Mayor Menino Wants You to Improve Boston. As part of a contest called the Bloomberg Philanthropies Mayor’s Challenge, Mayor Menino is asking everyone to send their ideas on how to improve the city his way. The city with the winning idea, which “must address a social or economic problem or improve the city’s customer service, level of efficiency, or accountability to and engagement with the public,” will be awarded $5 million. “We are all urban mechanics. If you have an inventive idea that can make our city better, I want to hear it,” Menino said. Cue the collective thought: FASTER T SERVICE. [Boston Business Journal]

Game Over for Greenfield’s Olympic Wrestler Elena Pirozhkova. The U.S. wresting team has been seeing stars thus far in London — spinning around their heads, that is. For the fourth consecutive day, no wrestler has reached the semifinals after women’s freestylers Clarissa Chun and Elena Pirozhkova were knocked out of gold medal contention early on Wednesday. She could still qualify for bronze contention if Anastasija Grigorjeva, of Latvia, who defeated Pirozhkova, makes it to the finals. [AP] UPDATE: 11:38 a.m.: Grigorjeva did not advance to the finals, meaning that Pirozhkova is out, too.

A Merchant Will Save Talbots, Not a Number Cruncher. “Talbots’ new CEO has a solid track record in finance and operations, but some analysts say the long-struggling classic women’s clothing retailer needs a talented merchant rather than a numbers man to complete a turnaround at the newly private company,” the Herald wrote this morning. Talbots continues to fall flat in appealing to a younger, hipper audience—even after an aggressive plan to change their ways—and appointing a financial wiz is probably not the solution. [Herald]

Now It’s Official: A Great White Shark Bit a Man Off Truro. Confirming what we all pretty much already knew, the Massachusetts Division of Marine Fisheries confirmed yesterday that the shark that chomped on Chris Myers’s leg near Ballston Beach on July 30 was, in fact, a great white. [Martha’s Vineyard Times]